Another Big Funding Haul For Cockroach Labs

New York City based Cockroach Labs landed more funding for its open source SQL database service.

The $55 million funding round, Series C, was led by Altimeter Capital, Tiger Global and GV (Google Ventures). More funding was provided by existing investors Work-Bench, Benchmark, Index Ventures, FirstMark Capital and RedPoint Ventures.

$102 million has been raised so far since its inception in 2015.

“As we work with more and more customers, it’s become clear that making data easy encompasses a larger host of commitments,” the company’s blog post on the announcement.  “It means making deployment easy. It means making performance easy. It means making resiliency easy. This funding will allow us to build products that answer those needs, and accelerate our growth in the database space and beyond.”

Earlier this year, Cockroach Labs launched its newest database, Cockroach 19.1, and expanded its staff numbers to more than 100. Its customers include Bose, WeWork, Rubrik and Heroic Labs.

Image credit: Cockroach Labs

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